Bitcoin ETF in the US continued to see net outflows of more than $1.22 billion in the past week.

US spot Bitcoin ETFs just experienced their fourth consecutive week of net outflows, with total outflows for the week ending November 21 reaching $1.22 billion, according to data from SoSoValue. Over the four weeks, outflows have totaled $4.34 billion, reflecting a defensive sentiment following a sharp correction in the crypto market.

Although there were two sessions with inflows — $238.47 million on Friday and $75.47 million on Wednesday — most of the remaining sessions saw outflows.

Nguource: SosoValue BlackRock’s IBIT continued to be the focus as it saw outflows of $1.09 billion during the week, the second-largest in the fund’s history, only after the record $1.17 billion in late February. On Tuesday alone, IBIT recorded net outflows of $523.15 million, the highest of the week.

This outflow period coincided with the market experiencing the sharpest correction of the cycle, with Bitcoin dropping from $95,600 to around $82,200. Currently, BTC has slightly recovered to around $87,348, up 1.2% in 24 hours, but according to market analysts, it remains “fragile” due to shallow liquidity and vulnerability to liquidation sweeps.

In other assets, spot Ethereum ETF continued to see its third consecutive week of net outflows with $500.25 million. In contrast, spot Solana ETF attracted strong inflows of $128.2 million, nearly tripling compared to the previous week. Spot XRP ETF also recorded $179.6 million in inflows, although still lower than the $243.05 million inflow in a single day on November 14.